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GENEDRIVE PLC — Director's Dealing 2020
Feb 4, 2020
7668_dirs_2020-02-04_0bef9e0a-7964-4d2c-9f42-7b38a330df52.html
Director's Dealing
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RNS Number : 9597B
Genedrive PLC
04 February 2020
genedrive plc
("genedrive" or the "Company")
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
genedrive plc (LSE: GDR), the near patient molecular diagnostics company, announces that today David Budd, Chief Executive Officer, acquired 43,330 ordinary shares of 1.5p each ("Ordinary Shares") in the Company at a price of 11.5p per share and Chris Yates, Non-Executive Director, acquired 25,000 Ordinary Shares at 11.56p per share.
Following these purchases, David Budd is interested in 188,710 Ordinary Shares, 0.5% of the issued share capital of the Company, and Chris Yates is interested in 41,304 Ordinary Shares, 0.1% of the issued share capital of the Company.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
1. David Budd
2. Chris Yates
2.
Reason for the notification
a.
Position/status
1. Chief Executive Officer
2. Non-Executive Director
a.
Initial notification
/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
genedrive plc
b.
LEI
213800ZYODIRZ87Y4K14
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.
Description of the
Financial instrument, type
of instrument
Identification code
Ordinary shares of 1.5 pence each
GB00B1VKB244
b.
Nature of the transaction
Purchase
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 1. 11.50p 2. 11.56p |
1. 43,330 2. 25,000 |
d.
Aggregated information
· Aggregated volume
· Price
N/A
e.
Date of the transaction
2020-02-04
f.
Place of the transaction
London Stock Exchange, AIM
For further details please contact:
| genedrive plc | +44 (0)161 989 0245 |
| David Budd: CEO / Matthew Fowler: CFO | |
| Peel Hunt LLP (Nominated Adviser and Joint Broker) | +44 (0)20 7418 8900 |
| James Steel / Oliver Jackson | |
| Stanford Capital Partners Limited (Joint Broker) | +44 (0)20 3815 8880 |
| Patrick Claridge / John Howes | |
| Walbrook PR Ltd (Media Relations & Investor Relations) | +44 (0)20 7933 8780 or [email protected] |
| Paul McManus / Anna Dunphy | +44 (0)7980 541 893 / +44 (0)7876 741 001 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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